Somnigroup International Inc. (SGI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,180,100 | 2,128,700 | 2,049,600 | 2,158,700 | 1,638,400 |
| Revenue | US$ in thousands | 4,930,900 | 4,925,400 | 4,921,200 | 4,930,800 | 3,676,900 |
| Gross profit margin | 44.21% | 43.22% | 41.65% | 43.78% | 44.56% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,180,100K ÷ $4,930,900K
= 44.21%
The gross profit margin of Somnigroup International Inc. has shown some fluctuations over the past five years. In December 2020, the gross profit margin was 44.56%, indicating that the company was able to generate 44.56 cents of gross profit for every dollar of revenue. However, by December 2022, the gross profit margin had decreased to 41.65%, suggesting a lower efficiency in managing the cost of goods sold.
In December 2021 and 2023, the gross profit margin improved to 43.78% and 43.22%, respectively, indicating potential enhancements in cost management or revenue generation during those periods. In December 2024, the gross profit margin further increased to 44.21%, signaling an improvement in the company's ability to generate profits from its core business activities.
Overall, while there were fluctuations in the gross profit margin of Somnigroup International Inc. over the five-year period, the general trend shows a relatively stable performance with periods of improvement. It is important for the company to continue monitoring and managing its cost structure effectively to sustain profitability and enhance shareholder value in the long run.
Peer comparison
Dec 31, 2024